Hey, Tesla fans. Or should I specifically say, “Hey, Tesla Model 3 fans?” We’ve been meaning to put together this Model 3 price chart with options for a while now. Finally got around to it. A little commentary from us for the added flavor.
So, what we have is a really wide Model 3 price range that’s unusual for a single model of any car – EV or ICE. It goes all the way from a base MSRP of $49,000 (effective price is $36,600 after incentives and gas savings if you’re in California, but you pay $49,000 plus destination and doc fee of $1200. State incentives may vary.) up to a maximum of $83,000 – if you choose your EAP and FSD after delivery.
By comparison, the 2019 BMW 5 Series goes from $53,400 for the 530i up to $74,450 base price for the M550i xDrive. With color and upholstery options it goes up to about $79,600. That’s a 40% mark-up between the absolute base with no extras and the top end with premium options. For the Model 3, it comes to about 70% if you’re a late taker for the EAP/FSD package.
That’s a massive range for any car, not just for an EV. Now I’d like to draw your attention to a couple of other things:
Solid black is the only standard color. Sort of like Henry Ford’s Model T when black was introduced. Minimum upgrade price is $1500 for the metallic colors. $2,000 for the multi-coat pearl white and red.
FSD is only available for those who have ordered EAP, so basically, FSD is an $8,000 to $10,500 package that also includes EAP. Low end if you order both before delivery; high end if both after delivery.
Premium black interiors are standard, so we’re not sure why they’d call it premium. It’s a premium feel, for sure, but mostly it’s marketing.
On the M3P, the Performance Upgrade gets you the 20″ wheels, a fiber spoiler, red performance brake calipers and alloy pedals. But the real upgrade comes from the software, which gives you another 10 mph of speed.
The Performance variant is already $10,000 up from the Dual Motor, and all you get for the Performance Upgrade is the additional hardware and speed for an extra $5,000. You have to decide whether that’s worth it. And we haven’t even talked about Track Mode yet.
Track Mode was announced earlier this year. You’ll need to get the $5,000 PU package to get it.
Tesla hasn’t even released the $35,000 Model 3 yet, which will push the Model 3 price range to 137% over base MSRP. Double Ouch!! Two and a Half Model 3s, anyone?
When is the Performance Upgrade package going to be available? According to Tesla:
“We’re working to provide an aftermarket Performance Upgrade Package when Track Mode becomes available.”
I’m sure many track enthusiasts would love to put the Model 3 through the hoops, but consider the additional $10,000 for the M3P and then $5,000 to get Track Mode with the Performance Upgrade. All that for 10 mph more and some goosebumps when you corner it.
Worth it? You tell us.